Reach is the only Accounting Software which is customised to suit 18 different business end to end.
Now let us learn about debit notes and its usage.
What a debit note is and when it is issued.
How to prepare a debit note using Moiboo Software.
In the course of business, many times we return the goods purchased from the supplier.
For Purchase Returns
To provide a upward revision of Invoices
To account for shortages in delivery
Debit notes can be adjusted against current outstanding supplier bills or might be allowed to be set-off against future Bills.
Sometimes, it might be followed with a cash refund too.
Show how to setup a debit note template.
Explain how to map it to a particular accounting ledger.
Show how to raise a debit note and print.
Explain the following scenarios.
Go to debit note under expense tab.
Click on add debit note.
Choose the vendor to whom you are raising an debit note. Moiboo will automatically populate the vendors details.
Select products details.
Enable the checkbox to match expense. Moiboo automatically open and display all the Bill for that vendor. Make sure you adjust each of the bill which needs to adjusted.
Go to debit note under expense tab
Select vendor name and Date.
Enable the checkbox.Moiboo automatically open and display all the Bill for that vendor. Make sure you adjust each of the bill which needs to adjusted.
Go to action button and click add receipt.
Now payment page appears, add payment details.
Know credit note Status will change paid